#CAGR #Transcatheter #Heart #Valve #Replacement
Pune, India, Oct. 19, 2022 (GLOBE NEWSWIRE) — The global Transcatheter Heart Valve Replacement market size is anticipated to reach USD 10.34 billion by 2026 on account of the increasing number of death cases caused due to cardiac medical conditions worldwide. THVR is a minimally invasive procedure for replacing a narrowed aortic valve which fails to function properly. Most of the THVR products are currently in their investigational stage. Fortune Business Insights™ offers a comprehensive overview of the market in their recent report titled, “Transcatheter Heart Valve Replacement (THVR) Market Size, Share & Industry Analysis, By Product Type (Transcatheter Aortic Valve Replacement (TAVR), Transcatheter Mitral Valve Replacement (TMVR), and Transcatheter Pulmonary Valve Replacement(TPVR)), By End User (Hospitals, and Specialty Clinics& Others), and Regional Forecast, 2019-2026.”According to this report, the market value stood at USD 4.04 billion in 2018 and is expected to rise at a CAGR of 12.5% during the forecast period set between 2019 to 2026.
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Transcatheter Heart Valve Replacement (THVR) Market Report Scope & Segmentation :
| Report Coverage | Details |
| Forecast Period | 2019 to 2026 |
| Forecast Period 2019 to 2026 CAGR | 12.5% |
| 2026 Value Projection | USD 10.34 Billion |
| Base Year | 2018 |
| Market Size in 2018 | USD 4.04 Billion |
| Historical Data for | 2015 to 2017 |
| No. of Pages | 115 |
Market Drivers
Rising geriatric Population and Vulnerability to Cardiac Problems will Drive Market
The increasing geriatric population and their vulnerability to various health issues, especially cardiovascular diseases, is a significant factor in promoting transcatheter heart valve replacement market growth. In addition, the rise in the obese population is also expected to aid in the expansion of the market….
Read on GNW: With 12.5% CAGR, Transcatheter Heart Valve Replacement
